Mindsports IO Wants To Eliminate Cheating From Mind Sports Online

The potential for cheating is a major issue for online games like Chess and Bridge.

Cheating is common for two reasons. The first is that there is a clear incentive to do so once monetary rewards are involved. The second is that cheating is relatively easy to do. Chess engines, player collusion and cheating by platform administrators all open up the possibility for unfair play.

The spectre of cheating has prevented mind sports from actualising their full potential. While large prize pools are definitely feature of modern mind sports they could be more widely available if cheating could be prevented.

Mind Sports IO is an innovative decentralised platform for mind sports which has integrated into their network a sophisticated multi-layer anti cheating system.

Mindsports

How Anti-Cheating Layers Works

In Mind Sports cheating can occur in a number of different ways and from various different participants. As a consequence there is no one right way to prevent cheating.

What is required instead is a multi-pronged approach. This is how Mind Sports IO wants to solve cheating.

First there is the stasitical analysis layer. This will perform analysis of players game play and compare this against chess engines.

Secondly there is a reputation layer. This intelligent reputation layer will flag up players with suspicious game metrics, playing habits and other factors. Users of the network will help to improve this layer by providing the engine with relevant metrics and be rewarded with MIND tokens in return.

Thirdly there is the community layer. Here users of the network will act as arbiters for disputes. Tokens can vote to resolve a dispute and gain improved reputation scores and MIND tokens when they are able to identify cheaters.

MIND Token

The MIND token will be used through-out the Mind Sports IO network including as part of the governance mechanism. The MIND token is an ERC20 token created on the Ethereum blockchain. 35 million tokens will be distributed as part of a token sale. Tokens will be priced at 1000 MIND tokens is the equivalent of 1 ETH.

Links

Mindsports IO Website: https://www.mindsports.io/home#spin

Mindsports IO Whitepaper: https://drive.google.com/file/d/0B23oU2WDqlyWZHNvM2ZZLWNrVmc/view

Mindsports IO Tokensale: https://www.mindsports.io/home#tokensale

How BANKEX PoA Protocol Could Help Startups

Three friends found a startup.

Like many startups it has both its up and its downs.

It attracts customers but also competitors. Investors attracted by the progress the startup is making, start to make overtures.

For two of the friends such offers are instantly disregarded. They are interested in the long term future of the company.

But, one of the friends is not quite so passionate about their startup. He has his own business he would like to start and he wants to do it his way.

In short he’s ready to cash in his chips and get out.

The friends are at crossroads. They can’t reach a mutual agreeable decision about how to proceed. Two of the friends are completely against the idea of selling out, the third wants it to happen right now.

Bankex ICO

This is becoming a major issue as the startup stalls because of the time being devoted to the issue of to sell or not to sell.

If they were a publicly listed company such a disagreement migh not be such an issue. The founder who wants out could sell his shares on the market.

But like 99% of all companies in the United States they are private.

BANKEX is an innovative proof-of-asset protocol which offers a solution to problems just like this one. With BANKEX the details of the shares can be recorded using a smart contract.

The founder who wants to sell out has their share become tokenised in a digital asset.

The nominal holder for that share can be any entity that is permitted in that jurisdiction.

This digital token can now be traded and the founder who wants out can realise the value of their holding.

But, at the same time the shareholding for that company is essentially reminding the same.

All parties are happy and the startup can continue on its path to growth.

This is just one example of how Proof of Asset (POA) tokenisation could have a massive impact on the way that assets are traded.

The type of scenario listed above happens every day, and this is just the field of private companies. There a vast array of assets that are currently difficult to trade and move which are ripe for tokenisation.

BANKEX is currently running a token sale for their BKX tokens. You can learn more here:

BANKEX Website: https://bankex.com

BANKEX Whitepaper: https://bankex.com/en/whitepaper

Is Crypto Crowd Investing The Future Of Finance? CrowdWiz Thinks So

In 2017 venture capital via cypto tokens was four times large than traditional early stage investing.

The shift towards crypto-tokens as a funding mechanism for entrepreneurs is likely to only continue.

Traditional methods of fund raising have layers of intermediaries which increase cost and add friction to the process.

CrowdWiz is a new decentralised investment ecosystem which is taking the ability to fund raise via crypto-tokens to the next level.

Crowdwiz Laptop

CrowdWiz Core Concepts & Tools

CrowdWiz is based on the idea of the wisdom of the crowds. This is a thesis which is based on the concept that groups of people, making decisions in a decentralised & independent way, are able to make superior predictions than individuals.

The reason for this has to do with the marginal knowledge that individuals possess which can on aggregate produce superior results than even an industry expert.

For example, a financial analyst might have researched a retailers financials in-depth. Compared to almost anyone else they would know more about that company and it’s future financial prospects.

A person who shops at that retailer might know nothing about the financial information regarding the retailer, but they do have personal insight into their shopping habits. When you compare predictions from the shopper and the analyst, invariably the analyst will make a more accurate prediction.

What is interesting is when these two peoples predictions are combined. The “marginal” knowledge that the shopper has, is added to the financial analysts in-depth research, and a superior prediction is made.

Crowd investing takes this principle and magnifies it. Instead of just two people having their opinions aggregated and entire group makes predictions on the prospects of a financial asset.

While good in theory, crowd investing is harder to apply in practice.

One of the major challenges is that crowd investing requires that no one person has outweighed influence on the prediction or is able to sway the decisions of the other participants.

What you need in essence is a kind of decentrlised and independent platform where everyone is allocated only a single vote.

This is exactly what CrowdWiz is able to achieve through WizFund and WizVoting.

Anyone who holds the CrowdWiz ecosystem’s native token called a WIZ token is able to establish a WizFund which will invest into specific financial assets. Token holders that want to participate in the WizFund can then choose to do so.

The financial investment decisions that the fund makes is decided through a process called WizVoting. This system uses unique technology to ensure that everyone who is involved is only a a single vote. Voting is done through the blockchain many that the process is completely transported and can be tracked in real time.

Conclusion

If the theory of the wisdom of the crowds proves to be correct then it could have a huge impact on the way that investment decisions are made. WIZ token holders who are early adopters should be able to produce superior returns if the crowd can in fact make superior investment decisions compared to individuals.

CrowdWiz Token Sale

CrowdWiz is currently distributing WIZ tokens through a public token sale. You can learn more details about the token sale by visiting the links below:

CrowdWiz Token Sale: https://crowdwiz.io

CrowdWiz Whitepaper: https://crowdwiz.io/docs/whitepaper-en-1507561917.pdf

CrowdWiz Lightpaper: https://crowdwiz.io/lightpaper

Is Foreground DEAL Token Worth Investing In? Here’s What You Need To Know

Foreground is a new decentralised affiliate marketing network. Foreground connects publishers with advertisers massively reducing commissions for both.

Used in the Foreground network is the cryptographic token called DEAL. Here we will look at why DEAL tokens may increase in value following their distribution during the current token sale.

Overview of the Deal Token

A maximum of 450,000 DEAL tokens will be created. Of these 333,000 are set to be sold to the public during the token sale.

DEAL tokens can be used to to create promotions on the Foreground network.

Using DEAL tokens to create ads will be up to 80% less expensive compared to using other purchasing methods.

When DEAL tokens are used they will have greater exposure on the Foreground Dapp (Decentralised Application).

For these reason DEAL tokens should prove to be a popular method for purchasing ads.

What is most important for investors in the DEAL token sale is the fact that when a token is used to buy advertising it is burnt.

As the platform is used more, so to are more DEAL tokens burned. This is turn decreases the available supply. If demand stays constant or increase, then this should naturally lead to an increase in the price of the remaining DEAL tokens.

Secondly the value of DEAL tokens are donimimated in Ether. If the price of Ether rises then the price of DEAL tokens should also increase relative to USD. It is calculated that if the value of Ether was to increase to 2000 USD / ETH then the USD value compared to the price at the token sale would be 80x.

While the value of DEAL tokens is highly contingent on the success of the Foreground network, there is good reasons to believe that it may prove popular. Affiliates are driven by seeking out the best ROI. Because Foreground will eliminate intermediaries it should be able to offer better commissions than are available elsewhere. If the Foreground has a good pool of affiliates and low comissions then it should naturally follow that advertisers will want to be involved with the platform.

If you would like to purchase your own DEAL tokens you do so through their token sale currently underway. For more information visit:

 

HashHive Wants To Deliver Cost Effective Cloud Mining For Everyone

Cryptocurrency mining is no longer the domain of at home miners. Crypto mining is dominated by industrial mining operations where energy is inexpensive.

There are very good reasons for this. Setting up a profitable cryptocurrency mining operation requires significant upfront investment.

The energy demands from cryptocurrency mining typically exceed the wiring of most domestic reasons. And the noise produced from miners can be ruinous for people’s home lives.

One good alternative for people who want to invest in cryptocurrency mining is cloud mining.

Hashhive

Put simply cloud mining involves the establishment of a remote data centre where the actual crypto mining takes place.

Users can then purchase mining power from this remote setup. They earnings from the mining are split between the cloud mining provider and the user.

HashHive believes it is well positioned to provide very favourable cryptocurrency mining for its users. One reason is the cooling system it plans to use.

HashHive uses an immersion cooling system. This innovative cooling technology delivers power efficinency of 1,03 – 1,05. An immersion system uses less power than an equivalent air cooled system.

A submerged cooling system also provides a lower cost for building the data centre. Using an immersion system means that you can deployed the miners in a bare environment like a warehouse. And it doesn’t require expensive air conditioning equipment.

Funding the purchase and installation of the HashHive mining system will be a token sale. During this token sale CELL tokens will be distributed. Owners of the CELL tokens will be eligible for 40% of monthly profits from HashHive.

Read more:

HashHive Website: https://hashhive.io/

HashHive Whitepaper: https://drive.google.com/file/d/0Bw4285TjNrehUVJhRVJDVm5KMTQ/view

Traders Can Earn 18% Of Their Followers Profits With COVESTING

Successful cryptocurrency traders will soon be able to massively leverage their returns without exposing themselves to any more risk.

How is the possible?

Thanks to model trading through the COVESTING platform.

With COVESTING traders will earn 18% of the profits from any traders that choose to replicate their winning trades.

Traders who are able to show a record of successful, winning trades should be able to attract a large following and in turn receive profits from everyone who is following them.

COVESTING isn’t just good news for uber cryptocurrency traders as well. The platform is designed to enable new cryptocurrency traders to play with the whales and not lose their skin.

By using model trading they will be able to enjoy an automated way to trade alongside the best in the business.

The entire process is actually very straight forward. Successful traders who want to attract a following simply need to add their existing trading accounts to the COVESTING platform using an API.

Once they have done this they are all setup. They can decide whether to keep their trading private while they are building up their success record or make it public straight away.

All of that traders trades are recorded in a model. Because the information comes directly from the exchange that the trader is using it isn’t possible to fake or inflate the data.

Getting started for traders who want to emulate other successful traders isn’t any harder either. In order to model another traders trades they simply need to follow that trader and choose how many of their funds should be used.

Once they have done this COVESTING will automatically execute trades which mirror those of the trader which is being modelled. Traders following another trade will pay fees of 18% to the successful trader on every profitable trade and a 10% commission to COVESTING.

Covesting

Powering the platform will be the COVESTING token called COV. This COV token is a utility token. When a modelled trade is successful the investor will receive the profits from the trade in COV. The more successful trades which are executed the more the person COV balance will increase.

The value of COV tokens should rise in relation to usage of the COVESTING platform. As there are more successful trades their will be more purchases executed for COV.

COV tokens will be distributed as a token sale. Token sale will be divided in a pre-sale and main sale. During the pre-sale there will 1,500,000 COV tokens distributed. During the mainsale 2,500,000 tokens will be distributed. The remainder of the tokens available will be shared among the founders of the COVESTING platform. These will be locked in a smart contract for a period of three months.

Website: https://covesting.io

Whitepaper: https://covesting.io/Covesting_White_Paper.pdf

5 Reasons Why Crypterium Could Dominate Crypto Payments

The world of banking is being transform by the blockchain. Cryptocurrencies provide a revolutionary new medium of exchange allowing for instant, secure and inexpensive payments anywhere in the world.

Crypterium wants to be the crypto bank for this blockchain banking revolution. Here are five reasons why they might just succeed.

#1 Transaction Fees Are Significantly Lower

When you make a payment using your American Express, Visa or Mastercard credit cart the merchant has to pay a fee. This varies as an amount of the transaction but can be as high as 5 – 6%. When paying with Crypterium the amount would be between 0.5% – !% of the transaction cost. Merchants will naturally prefer payments using Crypterium.

#2 Makes Paying With Cryptocurrencies Easy

Crypterium is going to integrate with an existing network of 42 million payment terminals. Paying at these terminals with cryptocurrencies like Bitcoin and Ethereum would be as easy as making payments with fiat currencies. This will enable users to make everyday payments using their cryptocurrency holdings.

#3 Low Fees For Users

In order to make any payment using the Crypterium mobile app it will be necessary to hold Crypterium (CRPT) tokens. Transactions will be charged at 0.5% of the current market price of CRPT. When a transaction occurs CRPT tokens are burned as fuel for the transaction.

#4 Attractive Loyalty Program

In order to attract users for the app Crypterium have built in a loyalty program. From the fee charged to the merchant for the transaction 0.15% will go toward loyalty program rewards. The more the person spends the greater the rewards that they receive. The reward levels will depend on how many CRPT tokens the user holds. This will give users an incentive to hold more CRPT tokens.

#5 Move Towards Cashless Banking

There is a strong move towards cashless payments and more specifically mobile banking. Crypterium is strongly positioned to benefit from this trend. Combine this with the growing popularity of cryptocurrencies and you have clear support for this technology.

Find out more:

Crypterium Website: https://crypterium.io/

Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2214098.0

Whitepaper: https://crypterium.io/wp/index.html?v=1.28

Why LordCoin Could Bring A New Customer Base For Cryptocurrencies

With Bitcoin reaching almost $20,000 this year it is clear that there is strong demand for cryptocurrencies.

But, in many ways the market for cryptocurrencies is relatively insular.

A new MMO game called Lordmancer II could help to change that with their LordCoin (LC).

Why LordCoin Could Bring New Customers To Cryptocurrencies

The size of the MMO player market is significantly larger than that of owners of cryptocurrencies.

Lordmancer II could provide a “doorway” to these MMO players to the world of cryptocurrencies.

Players of Lordmancer II will be able to buy LordCoins (LC) directly from the Lordmancer II website.

They will also be able to buy “Crystals” another currency used within Lordmancer using in app purchase on the App Store or Google Play.

These Crystals can then be used to buy LordCoins.

At the same time LordCoin will be freely available for buying and selling on cryptocurrency exchanges.

The pricing of LordCoin will be deliberately lower on cryptocurrency exchanges compared to buying through the website or in-app purchases.

Over time Lordmancer II players are likely to be interested in using a cryptocurrency exchange because of the better pricing. This may be these players first exposure to a cryptocurrency exchange and the wider world of cryptocurrencies.

Reasons To Hold LC Tokens

Lordmancer II has introduced a number of features to increase demand for LC tokens over time.

Firstly, there will be unique weapons, skins and other game items which can only be purchased in LC.

Secondly, players will be encouraged to exchange goods using LCs.

In order for any player to player transaction to occur LCs first need to purchased in the market and then place in a Lordmancer wallet.

Secondly, with player to player transactions 10% of the transaction amount will be burned. In game to player transactions the amount burned will be 90%. This will decrease the supply of LCs and increase the value of the remaining tokens.

Learn More About Lord Coin By Visiting:

Website: https://lordmancer2.io
Whitepaper: https://drive.google.com/file/d/1yvae0ac1Ak3wyxjUoObCcH-N4j9VQX7q/view

 

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Cashaa ICO Provides Cryptocurrency Alternative To Traditional Banking

Its estimated that more than a third of the world’s population make little or no used of the formal banking sector. If these “unbanked” adults could be brought into the banking sector it’s estimated it could generate $380 billion in revenue.

Most of those who are unbanked are found in developing countries. However even in more developed countries there large numbers of people who don’t use traditional banking services to meet their financial needs.

Cashaa is an all-in-one financial network that would provide an alternative to the traditional banking sector. It would provide all of the tools that people who are currently unbanked or underbanked need. These services would be provided in a way which is more cost effective and efficient than the existing legacy banking system. This is all possible thanks to the rise of blockchain technologies.

Cashaa ICO

What Unbanked And Underbanked Require

In a recent report by Accenture it was found that under banked and unbanked had certain requirements in order to gain access to banking services. The first of these way ease of access. Banking infrastucture using the legacy system is expensive to develop. As a consequence there has been an under investment in infrastructure which service low income communities. Creating greater access is required to bring these people into the financial sector.

Products need to be developed which are appropriate to these low and mid income communities. They need to be affordable for people in these communities and be suited to their needs.

And finally, they need to be appropriate for people in these communities to use. They need to be user friendly and suitable to the technology that they already have available.

Why Cashaa Meets All These Needs

Cashaa meets all of the needs that these potential banking customes have but without relying on the legacy banking industry.

Sitting at the centre of the Cashaa network is the Cashaa Wallet. Using this wallet users can deposit, send or receive fiat currency and cryptocurrencies. This has inbuilt KYC features to meet the regulatory requirements for the areas in which Cashaa is offered.

Another major requirement for underbanked and unbanked customers is access to loans. According to the world bank only one in ten people in low and mid income countries have a documented credit history. Built into Cashaa wallet will be a micro loan feature. Cashaa microloans will be small peer to peer loan issued by individuals on the network. Loans can issued by either a single person or by a group of individuals each contributing a portion of the loan.

Each Cashaa wallet will come automatically with a plastic card. This will be a prepaid card that will be accepted at 39 million merchants thanks to partnership agreement with this payment network. This will immediately give Cashaa users an alternative to using cash only as a form of payment.

Conclusion

The challenges faced by the unbanked and underbanked are huge. Without access to financial tools that most people in developed countries have readily available, conducting financial transactions can be very difficult. Bringing these people into the global economy could generate a huge amount of wealth and transform these people’s lives. Cashaa has developed a complete solution which if successful could have an outsized effect.

Website Links

Website: https://cashaa.com

Whitepaper: https://cashaa.com/pdf/Cashaa_WP.pdf

 

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Worldcore ICO Targets $429 Billion Remittance Market

According to the World Bank remittance flows to developed countries were $429 billion in 2016. This was higher than the amount that was sent to these countries in official development assistance.

The World Bank has also calculated that the average cost of remittance is 7.21%. Based on the figure of $429 billion, that means that almost $31 billion was spent on fees in 2016.

The people who are sending money to developing countries are often least able to afford paying such high fees. Blockchain technology offers one of the best potential solutions to this problem. Blockchain transactions can occur almost instantly with no distinction for where in the world the funds are sent. Making these payments only costs a fraction of what it would cost using traditional money transfer methods.

To say the least the blockchain could be a game changer for people who are sending money back to their home countries.

Worldcore is a next generation money transfer network which is taking the ability of the blockchain to transform remittances to the next level.

Worldcore’s technology not only enables anyone to send funds instantly anywhere in the world, it doesn’t even require that the person is connected to the internet or has a cryptocurrency wallet. Even better the process is completely anonymous and depersonalised. This could be a huge boon for senders who want to avoid government regimes which restrict or tax these remittances.

How Worldcore Works

To send payments using Worldcore the user simply needs to visit a Worldcore money transfer office. There they make a deposit in cash. When they do this a smart contract initiates the creation of a digital asset to the value of the funds that have been created. At the same time a hash code is created. This hash code will then serve as proof of ownership to that asset. Anyone who has the hash code will be able to “unlock” the digital asset and access the funds.

To send the fund the user simply needs to send the hash code to the recipient in the other country. Once they have the hash code they can visit their local Worldcore money transfer office, present the code, and immediately be provided with the funds.

This process happens nearly immediately which means that the receiver doesn’t have to wait days or weeks to receive their funds. Another nice feature of this process is that it doesn’t require any documentation to either send or receive the funds. This removes another inconvenient impediment to moving funds abroad.

Funds can even be sent to more than one person at a time. This can be done by creating multiple hash codes. When the funds are to be collected all of the receivers need to present their individual hash codes. This prevents one of the receivers from unfairly gaining access to the funds by themselves.

Worldcore Token Sale

Worldcore can be used to store digital assets as well. The funds will stay in place until they are unlocked with the hash code. This means it provides a convenient and secure way to store funds or move them across borders. This hash code can be written down or put on a USB. When the person has crossed the border they will be able to reclaim their digital assets.

Worldcore WRC tokens are being distributed to the public as part of a token sale. One billion tokens are being distributed as part of this token sale. You can learn more about the token sale below:

Website: https://worldcore.com/?stage=1

Whitepaper: https://worldcore.com/template/files/En.WRC_Whitepaper.pdf

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